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Listed 29 days ago

483 Selsey Drive

Cooksville, Mississauga

$2,999,900

Detached|2-Storey
4 | 5 | 8
About this home

MASSIVE LOT MISSISSAUGA W/NEWLY RE-REBUILT 2 STOREY LUXURY HOME! LOT IS 3X WIDER at 90Ft, and 150 FT DEEP! Nestled on QUIET ST. NO Homes BEHIND/FRONT! RARE OFFERING! Enjoy A Fabulous New HOME MODERN DESIGN. This Home offers 4 BEDROOMS and 4 EN SUITE on upper level/laundry with SKYLIGHT for open feel. The Main LEVEL IS FULLY OPEN, Large rooms, AIRY Large Windows and Doors w/access to HUGE Backyard space. Basement includes a Bedroom, Washroom and LARGE GREAT ROOM for Entertaining and Pool PARTIES. This property is RARE offering, NEW Never Lived in, and enormous LOT in Mississauga, just mins from the QEW. Easy access to downtown Toronto and GTA. See Attached Floor Plans and Renderings, Almost completed

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNew
Size3000-3500 sq. ft.
Property Tax$7,757
Lot Size92.06 ft x 148.46 ft
mls© NumberW13534800
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$15,355
Property tax
$646
Heat allowance
$150
Housing costs
$16,151 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $599,980
25-yr amortization

Income needed

$497,000

gross annual household income

Payment at 4%
$12,624 / mo
Cash down
$599,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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